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CoinGape 2024-05-29 04:16:23

BlackRock’s IBIT Becomes Largest Bitcoin Fund Overtaking Grayscale

In a major milestone, BlackRock’s spot Bitcoin ETF IBIT has emerged as the largest Bitcoin fund in the market overtaking Grayscale’s GBTC. The flippening happened on Tuesday, May 28, as the BlackRock Bitcoin ETF recorded more than $100 million in inflows. The Bitcoin price is up by 1% in the last 24 hours moving past The post BlackRock’s IBIT Becomes Largest Bitcoin Fund Overtaking Grayscale appeared first on CoinGape .

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